The SEC and FINRA have approved acquisitions that will allow the exchange to operate as a broker-dealer

The exchange is looking to add five new digital coins, including Cardano and Zcash

The Crypto Report

Popular cryptocurrency exchange Coinbase is one step closer to trading coins as securities.

The platform has been given the okay by US Securities and Exchange Commission and the Financial Industry Regulatory Authority to proceed with the acquisition of Keystone Capital Corp, Venovate Marketplace Inc and Digital Wealth LLC, according to a Bloomberg report.

The acquisitions will allow the firm to operate as a broker-dealer, offering security tokens while being subject to federal oversight.

The exchange is exploring allowing users to trade five new digital coins: Cardano, Basic Attention Token, Stellar, Zcash and Ox.

Known as the Oracle Blockchain Cloud Service, the platform is designed to track transactions and goods through global supply chains, as per Oracle’s press release.

“Blockchain promises to be one of the most transformative technologies of our generation,” said Amit Zavery, executive vice president of Oracle Cloud Platform.

Arab Jordan Investment Bank, CargoSmart, Indian Oil and TradeFin have adopted an earlier version of the service.

The Cann Report

Up north, Aphria Inc (TSX:APH, OTCMKTS:APHQF) is expanding into Latin America and the Caribbean.

The Canadian cannabis company announced plans to acquire assets in Colombia, Argentina, Jamaica and Brazil through a share purchase agreement with Scythian Biosciences Inc, as per a company press release.

Aphria will acquire 100% of the shares of LATAM Holdings Inc, a subsidiary of Scythian, for an undisclosed price.

Shares of the Ontario-based company were down more than 2.5% to C$10.63 in Tuesday afternoon trading.

Aphria, Inc. is a Canada-based company, which is engaged in greenhouse growing business. The Company is a medical marijuana producer. It provides medical marijuana to help reduce muscle spasms, appetite, or symptoms of anxiety and depression.

Aphria, Inc. is a Canada-based company, which is engaged in greenhouse growing business. The Company is a medical marijuana producer. It provides medical marijuana to help reduce muscle spasms, appetite, or symptoms of anxiety and depression.